court proceedings, page-2

Optimix, what you meant were report by your fellow spruiker Nodil on s-scene!

You are always short on truth and not able to distinguish fictions from facts. Quote:"If Chemeq wins it has the right to sue the other for damages. I don't know if the bondholders can sue Chemeq if they win, since they initiated the action and were anticipating legal costs; Chemeq were not anticipating legal expenses". End of Quote.

Optimix, so it was not Chemeq who applied to the Supreme Court for a ruling, yeah? In addition, when the decision is handed down the court, they normally will determine the cost if any to award.

Optimix, to assist you, the fact was the bondholders were the good guys- they tried to negotiate with David Williams who arrogantly refused them, the bond holders then served the redemption notice. DW commenced legal proceedings and lead the company down this rosy path to nirwana.